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Goldman Sachs16 min

Boyan Slat: Combatting Plastic Pollution in the World’s Oceans

Boyan Slat, Cliff Marriott

Conference Presentation, Fireside Chat, Interview

Founder and CEO Boyan Slat's organization is advancing a fleet of 60 passive, U-shaped floating barriers designed to remove 50% of the Great Pacific Garbage Patch within five years by leveraging natural ocean currents rather than traditional active fishing methods. Following a rigorous development cycle marked by early prototype failures and a $40 million capital raise, the system has evolved from inflatable chambers to solid pipe structures and is currently undergoing assembly at a facility near San Francisco for a targeted July launch. This initiative addresses an annual economic cost of $13 billion and a threat to 800 marine species by simultaneously targeting legacy accumulation in the Pacific and intercepting the roughly 2 million tons of river-borne plastic entering the ocean each year.